Property Council of Australia Chief Executive Mike Zorbas said the $1 billion in new money for last mile infrastructure to unlock new housing supply unveiled in the Federal Budget last Tuesday was only a "downpayment on the money needed to bridge the housing gap and better plan all aspects of our cities."
“To hit 1.2 million homes by 2029, we need to improve investment settings, incentivise housing approvals, further boost gold medal housing options including retirement living, purpose-built student accommodation and Build To Rent housing and bring more tradies in from overseas to complement domestic capacity,” Mike said.
Given the rising cost of living being faced by Australians, he added the second consecutive increase in Commonwealth Rent Assistance was welcome, but eligibility thresholds should be adjusted to include those living in retirement villages.
This is a position that has been advocated by the Retirement Living Council for a number of years.
Browse villages.com.au for the latest on Seniors Living including availability.
Anglicare Sydney CEO Simon Miller with COA Australia Chair Christopher Pyne on Parliament